BVB posts 23.77 pct growth on main index | Sobolewski: We are not in a "bubble"

BVB posts 23.77 pct growth on main index | Sobolewski: We are not in a “bubble”

The Bucharest Stock Exchange (BVB ) is in the Europe’s top increases by 23.77 percent on main index, after the fifth month in a row of growth, according to a statement.

On the second place is Austria, with 19.29 percent, followed by Poland, with 17.11 percent, Bulgaria, with 12.76 percent, Germany with 9.88 percent, France with 8.67 percent and Hungary with 7.96 percent.

BVB registered in May the highest transactioned month from the last 10 years on shares markets, with a transactions value close to RON 2.15 billion. Also, May represented the highest transactioned months from the last six years, considering the tradings from the regulated market, including deals of RON 1.16 billion.

„The main market index from Romania, BET, which reflects the evolution of the most liquid 12 companies, increased to over 8,700 points in May. After nine positive consecutive sessions, BET ended the month with 8,769 points, the highest value registered up to the present and the highest from the last nine years,” says the BVB.

BET-R, which reflects the evolution of the BET companies and the paid dividends by this company, registered the highest value on May 31, when it closed the session to over 11,100 points.

Ludwik Sobolewski, the CEO of BVB, said that “we are not the witnesses of a bubble in Bucharest. We are just coming back from a travel that led us somewhere, but not in the desired direction, but on a superior league and we assist to an appreciation of the listed companies from this increase.”